Cipla announces cessation of director and CFO

With effect from 12 June 2015

Cipla announced that pursuant to the decision taken at the board meeting held on 29 May 2015 a separation agreement is being entered into between Rajesh Garg and the Company under which Rajesh Garg will demit office as a director, whole-time director and Chief Financial Officer of the Company with effect from 12 June 2015.

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